(CercleFinance.com) – The morale of American households improved more strongly than expected in February, the final results of the monthly survey from the University of Michigan showed on Friday.
Midwest University’s confidence index rose to 67 this month from 64.9 in January, when analysts expected it to be around 66.4, in line with its first estimate.
The sub-index measuring the judgment of households on their current situation went up, to 70.7 in February against 68.4 in January, while that measuring their expectations increased to 64.7 against 62, 7 the previous month.
Joanne Hsu, the author of the report, points out that the improvement in consumer sentiment has been particularly notable among those holding stocks on the stock market, due to a strong rally on Wall Street, while also highlighting an improvement in their prospects. short-term economy.
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